RE: Nasdaq Requirements6 Sep 2021 04:29
Oh extrader, you think I sleep lol.. not for years now,
So let’s look at your posting for a change, the subtleties in the bond announcements where your posts are fails.
Let’s start with this
“So investors will look at TAG/1AF2 financial credibility first... and only then at the underlying security on offer.
TBH, SYME shares as security have several question-marks.....and 1AF2 /TAG financials are a complete unknown... do you seriously believe TAG financials will be forthcoming.”
Do they though, as you see below 1AF2 ltd, which is now a subsidiary of TAG, a merger with 1AF2 srl
The bonds are issued by 1AF2 ltd, with TAG acting as guarantor. It also states, as I posted and the link confirmed, a periodic review to ensure the right level of security is in place.
So sp goes up level of security goes down, and obviously if sp falls a larger proportion of shares are required,
Hence my statement that TAG and 1 AF2 are aligned with PI
It also shows AZ and 1 AF2 have not sold shares, nor are they likely to in the next 2 years as they need to cover the bonds
Referencing ECP RNS
https://www.eight.capital/wp-content/uploads/2021/08/25082021-Purchase-of-EUR40million-Secured-Bonds.pdf
In which it states
“The Bonds were issued to IWEP by 1AF2 Limited, a private company registered in England which is a wholly owned subsidiary of The Avantgarde Group S.p.A. ("TAG"),l
Bonds require periodic review and revaluation of the security package, and provide mechanisms for its modification if required, and additionally include a parent company guarantee by TAG which may be exchanged for a specific asset pledge in the future, subject to the trustee accepting this change on behalf of bondholders. The Company understands that it is the intention of TAG to list the Bonds on a European stock exchange in due course.
Now we have established fact, we can progress to focusing on your statement
Now you state given TAG financials etc, copied and pasted above, it doesn’t need to be TAG financials. Since it is 1AF2 issuing the bond the financials could be their financial reports.
It could even be possible it’s Banca Del Ceresio financials given the information from the link attached below and the statement within.
https://www.lse.co.uk/rns/SYME/holdings-in-company-q8tzlso87otx3i6.html
Eurofinleading Fiduciaria SpA owns 1AF2 srl
Of course it’s a fiduciary service, before you say a word, but the example is clear.
It could be who is behind 1AF2 ltd and srl.
One thing is clear, it is not as plain as you make out. Your posts always contain a fail.
Luckily for me I am not rushed as I normally am during the day.. as I could rip you a new arse ever second of every day as I have done all day today
You will pick holes in my post, but it will be BS and everyone knows it.
Start qualifying your statements with written submissions, otherwise it’s opinion and yours carry no weight here
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